DATA - Relationship between financial account and international investment position

Relationship between financial account and international investment position
	Q4 25
		adjustments
	opening stock	flows	valuation effects and reclassifications¹	final stocks

	EUR million

Financial Account/Investment position net	125,513	4,019	4,642	134,554
Investment position assets	1,246,143	−23,479	14,648	1,237,583
Investment position liabilities	1,120,630	−27,497	10,006	1,103,029



Direct investment including SPEs and real estate	69,356	1,722	1,149	72,735
total assets	372,891	−8,719	1,981	366,451
equity capital transactions	248,955	−2,406	2,085	248,934
other capital transactions	123,935	−6,314	−104	117,517



total liabilities	303,535	−10,441	832	293,716
equity capital transactions	220,913	−5,877	861	215,687
other capital transactions	82,622	−4,564	−28	78,029



Portfolio investment	−37,600	5,596	−2,052	−34,167
total assets	458,132	4,769	7,182	470,073
equity and investment fund shares	238,644	2,249	7,322	248,199
of which equity securities	101,245	−225	4,108	105,124
of which investment fund shares	137,398	2,474	3,214	143,074
debt securities	219,488	2,521	−140	221,874



total liabilities	495,732	−827	9,234	504,241
equity and investment fund shares	86,755	1,140	9,151	97,114
of which equity securities	55,969	734	8,508	65,218
of which investment fund shares	30,787	406	642	31,896
debt securities	408,977	−1,967	84	407,127



Financial derivatives net²	−392	341	1,408	1,356



Other investment	53,119	−4,120	602	49,583
total assets	354,195	−19,084	408	335,502
currency and deposits	217,675	−9,677	−16,563	191,435
loans	108,891	−9,550	16,758	116,100
trade credits	14,677	−658	−6	14,014
insurance technical reserves	7,310	461	3	7,775
other equity	3,932	−179	216	3,951
other accounts receivable	1,710	518	−1	2,228



total liabilities	301,076	−14,964	−194	285,918
currency and deposits	211,857	−11,641	39	200,255
loans	59,768	−3,314	5	56,459
trade credits	17,520	−23	−217	17,280
insurance technical reserves	2,749	−286	−10	2,452
other equity	484	23	0	507
other accounts payable	2,271	277	0	2,549
special drawing rights	12,854	0	−21	12,833



Reserve assets	41,030	480	3,536	45,046
monetary gold	29,251	0	3,783	33,034
special drawing rigths	6,738	4	−11	6,731
reserve position in the Fund	1,198	−11	−2	1,185
currency and deposits	32	45	1	77
securities	3,680	415	−52	4,043
financial derivatives	132	27	−183	−24
other accounts receivable	0	0	0	0

Source: OeNB, Statistics Austria.

Final data up to 2012, final data for 2013-2022 (benchmark revision 2024), revised data for 2023-2024, provisional data for 2025.
Because of different revision cycles for positions data in the IIP and transactions data in the BOP discrepancies in the reconciliation table may arise.
¹ A sufficient classification of valuation and reclassification components is only available as from 2013.Valuation effects include price changes and exchange rate changes.
² Netting for transactions in financial derivatives is unavoidable, because the market value of a position may switch sign, i.e. to change from an asset to a liability position.